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RMM DRIP Calculator & Dividend Yield 2026
7.74% YieldFinancial ServicesRivernorth Managed Duration Municipal Income Fund Inc. · NYSE
Price: $13.29 · Annual div: $1.03/share · Frequency: monthly · Payout ratio: N/A · Ex-div: 2026-11-16
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Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
RMM Dividend Yield
RMM (Rivernorth Managed Duration Municipal Income Fund Inc.) has a dividend yield of 7.74%, based on an annual dividend of $1.03 per share and a price of $13.29. Over the last 12 months it paid $1.03 per share — a trailing yield of 7.74%. Dividends are paid monthly.
Yield history: over the last 12 payments, RMM's 12-month yield ranged from 7.06% to 8.36%. Full RMM dividend history ↓
More monthly dividend stocks →More high-yield dividend stocks →
RMM DRIP Rate: How Many Shares Your Dividends Buy
With dividends reinvested, a RMM position grows its share count by about 7.62% in the first year at today's price and yield. If the dividend grows -1.5% a year and the price 0.0%, DRIP doubles your number of shares in about 11 years without adding new money.
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🎯 When RMM pays your bills
Year your monthly dividend income covers each expense (based on current settings)
RMM Dividend History — Last 80 Payments
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-12-15Latest | 2026-12-31 | $0.0847 | — | — |
| 2026-11-16 | 2026-11-30 | $0.0847 | — | — |
| 2026-10-15 | 2026-10-30 | $0.0847 | 8.17% | $12.59 |
| 2026-09-15 | 2026-09-30 | $0.0847 | 7.26% | $14.24 |
| 2026-08-14 | 2026-08-31 | $0.0847 | 7.86% | $14.37 |
| 2026-07-15 | 2026-07-31 | $0.0847 | 7.06% | $14.81 |
| 2026-06-15 | 2026-06-30 | $0.0847 | 7.29% | $14.41 |
| 2026-05-15 | 2026-05-29 | $0.0847 | 7.46% | $14.17 |
| 2026-04-15 | 2026-04-30 | $0.0847 | 7.76% | $13.70 |
| 2026-03-16 | 2026-03-31 | $0.0847 | 7.31% | $14.61 |
| 2026-02-13 | 2026-02-27 | $0.0847 | 8.16% | $14.28 |
| 2026-01-15 | 2026-01-30 | $0.0847 | 7.87% | $13.72 |
| 2025-12-15 | 2025-12-31 | $0.0905 | 7.82% | $13.88 |
| 2025-11-14 | 2025-11-28 | $0.0905 | 8.36% | $14.10 |
| 2025-10-15 | 2025-10-31 | $0.0905 | 7.69% | $14.16 |
| 2025-09-15 | 2025-09-30 | $0.0905 | 8.10% | $13.45 |
| 2025-08-15 | 2025-08-29 | $0.0905 | 7.87% | $13.85 |
| 2025-07-15 | 2025-07-31 | $0.0905 | 8.10% | $13.48 |
| 2025-06-13 | 2025-06-30 | $0.0905 | 8.68% | $13.65 |
| 2025-05-15 | 2025-05-30 | $0.0905 | 7.94% | $13.78 |
| 2025-04-15 | 2025-04-30 | $0.0905 | 7.58% | $14.45 |
| 2025-03-14 | 2025-03-31 | $0.0905 | 7.22% | $15.18 |
| 2025-02-14 | 2025-02-28 | $0.0905 | 7.36% | $14.90 |
| 2025-01-15 | 2025-01-31 | $0.0905 | 7.54% | $14.56 |
| 2024-12-13 | 2024-12-31 | $0.0916 | 6.95% | $15.82 |
| 2024-11-15 | 2024-11-29 | $0.0916 | 7.15% | $15.37 |
| 2024-10-15 | 2024-10-31 | $0.0916 | 6.80% | $16.16 |
| 2024-09-13 | 2024-09-30 | $0.0916 | 7.00% | $15.69 |
| 2024-08-15 | 2024-08-30 | $0.0916 | 7.09% | $15.47 |
| 2024-07-15 | 2024-07-31 | $0.0916 | 7.20% | $15.24 |
| 2024-06-14 | 2024-06-28 | $0.0916 | 7.40% | $14.82 |
| 2024-05-14 | 2024-05-31 | $0.0916 | 7.49% | $14.62 |
| 2024-04-12 | 2024-04-30 | $0.0916 | 7.37% | $14.87 |
| 2024-03-14 | 2024-03-28 | $0.0916 | 7.22% | $15.17 |
| 2024-02-14 | 2024-02-29 | $0.0916 | 7.16% | $15.29 |
| 2024-01-12 | 2024-01-31 | $0.0916 | 7.62% | $14.35 |
| 2023-12-14 | 2023-12-29 | $0.0911 | 7.51% | $14.56 |
| 2023-11-14 | 2023-11-30 | $0.0911 | 8.46% | $12.95 |
| 2023-10-12 | 2023-10-31 | $0.0911 | 8.70% | $13.67 |
| 2023-09-14 | 2023-09-29 | $0.0911 | 7.76% | $15.36 |
| 2023-08-14 | 2023-08-31 | $0.0911 | 7.56% | $15.78 |
| 2023-07-13 | 2023-07-31 | $0.0911 | 7.83% | $15.26 |
| 2023-06-14 | 2023-06-30 | $0.0911 | 7.75% | $15.44 |
| 2023-05-12 | 2023-05-31 | $0.0911 | 7.09% | $15.60 |
| 2023-04-13 | 2023-04-28 | $0.0911 | 7.38% | $15.01 |
| 2023-03-14 | 2023-03-31 | $0.0911 | 7.84% | $15.34 |
| 2023-02-14 | 2023-02-28 | $0.0911 | 6.81% | $16.31 |
| 2023-01-12 | 2023-01-31 | $0.0911 | 8.08% | $14.92 |
| 2022-12-14 | 2022-12-30 | $0.0929 | 7.67% | $15.74 |
| 2022-11-14 | 2022-11-30 | $0.0929 | 8.21% | $13.56 |
| 2022-10-13 | 2022-10-31 | $0.0929 | 7.84% | $15.36 |
| 2022-09-15 | 2022-09-30 | $0.0929 | 6.98% | $15.92 |
| 2022-08-16 | 2022-08-31 | $0.0929 | 6.73% | $16.50 |
| 2022-07-14 | 2022-07-29 | $0.0929 | 7.29% | $16.46 |
| 2022-06-15 | 2022-06-30 | $0.0929 | 6.60% | $16.78 |
| 2022-05-12 | 2022-05-31 | $0.0929 | 7.59% | $15.78 |
| 2022-04-13 | 2022-04-29 | $0.0929 | 6.94% | $17.24 |
| 2022-03-16 | 2022-03-31 | $0.0929 | 6.11% | $18.06 |
| 2022-02-10 | 2022-02-28 | $0.0929 | 5.96% | $18.50 |
| 2022-01-13 | 2022-01-31 | $0.0929 | 5.92% | $20.17 |
| 2021-12-15 | 2021-12-31 | $0.0917 | 6.02% | $19.80 |
| 2021-11-10 | 2021-11-30 | $0.0917 | 6.14% | $19.41 |
| 2021-10-14 | 2021-10-29 | $0.0917 | 6.07% | $19.65 |
| 2021-09-15 | 2021-09-30 | $0.0917 | 5.12% | $21.49 |
| 2021-08-16 | 2021-08-31 | $0.0917 | 5.17% | $21.29 |
| 2021-07-15 | 2021-07-30 | $0.0917 | 5.88% | $20.28 |
| 2021-06-15 | 2021-06-30 | $0.0917 | 5.46% | $20.17 |
| 2021-05-13 | 2021-05-28 | $0.0917 | 5.93% | $20.09 |
| 2021-04-15 | 2021-04-30 | $0.0917 | 5.86% | $18.78 |
| 2021-03-16 | 2021-03-31 | $0.0917 | 5.55% | $18.16 |
| 2021-02-10 | 2021-02-26 | $0.0917 | 4.93% | $18.61 |
| 2021-01-14 | 2021-01-29 | $0.0917 | 4.62% | $17.85 |
| 2020-12-16 | 2020-12-31 | $0.0917 | — | — |
| 2020-11-12 | 2020-11-30 | $0.0917 | — | — |
| 2020-10-15 | 2020-10-30 | $0.0917 | — | — |
| 2020-09-15 | 2020-09-30 | $0.0917 | — | — |
| 2020-08-13 | 2020-08-31 | $0.0917 | — | — |
| 2020-07-16 | 2020-07-31 | $0.0917 | — | — |
| 2020-06-15 | 2020-06-30 | $0.0917 | — | — |
| 2020-05-14 | 2020-05-29 | $0.0917 | — | — |
About Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) — Dividend Analysis 2026
The Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a closed-end investment vehicle dedicated to fixed-income assets. It was launched and is managed by RiverNorth Capital Management, LLC, with MacKay Shields LLC serving as co-manager. The fund's strategy involves investing in the U.S. fixed-income markets, with a primary focus on investment-grade municipal debt across all maturities. To guide its investment decisions, the fund utilizes a combination of fundamental and quantitative analysis, underpinned by proprietary research for portfolio construction. Its performance is measured against the Bloomberg Barclays Municipal Bond Index. This fund, domiciled in the United States, commenced operations on July 26, 2019.
RMM Dividend & DRIP — Frequently Asked Questions
What is RMM's dividend yield?
RMM (Rivernorth Managed Duration Municipal Income Fund Inc.) has a dividend yield of 7.74%, based on an annual dividend of $1.03 per share and a price of $13.29. Over the last 12 months it paid $1.03 per share — a trailing yield of 7.74%. Dividends are paid monthly.
How much does $10,000 in RMM pay in dividends?
$10,000 in RMM at a 7.74% yield pays about $774 a year ($64 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
What is the DRIP rate for RMM?
With dividends reinvested, a RMM position grows its share count by about 7.62% in the first year at today's price and yield. If the dividend grows -1.5% a year and the price 0.0%, DRIP doubles your number of shares in about 11 years without adding new money.
How do I calculate RMM dividend reinvestment (DRIP) returns?
Enter your starting amount, monthly contribution and time horizon in the RMM DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
When is RMM's next ex-dividend date?
RMM's next ex-dividend date is 2026-11-16. RMM pays dividends monthly. Buy before the ex-dividend date to receive the next payment.
What is RMM's dividend growth rate?
RMM's dividend changed -5.5% over the last year and -1.4% a year on average over five years.
Similar dividend stocks to RMM
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This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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🌍 RMM Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold RMM.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 7.74% | 4.94% | $774 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 6.58% | 3.78% | $658 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 6.19% | 3.39% | $619 / yr |
| 🇬🇧 UK ISA | 0% | 7.74% | 4.94% | $774 / yr |
| 🇬🇧 UK Taxable | 8.75% | 7.06% | 4.26% | $706 / yr |
| 🇨🇦 TFSA | 0% | 7.74% | 4.94% | $774 / yr |
| 🇨🇦 CA Taxable | 25% | 5.80% | 3.00% | $581 / yr |
| 🇦🇺 Super (pension) | 15% | 6.58% | 3.78% | $658 / yr |
| 🇦🇺 AU Taxable | 30% | 5.42% | 2.62% | $542 / yr |
| 🇩🇪 DE Taxable | 26.375% | 5.70% | 2.90% | $570 / yr |
| 🇫🇷 FR Taxable | 30% | 5.42% | 2.62% | $542 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 RMM Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $1.03/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 RMM Dividend Payment Schedule
RMM pays every month — 12 payments per year.
📊 RMM vs Financial Services Benchmarks
How RMM compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for RMM sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ RMM Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| Buy | 2025-04-10 | 800 | $13.04 | $10.4K | ||
| Buy | 2025-04-08 | 2,000 | $13.18 | $26.4K | ||
| Buy | 2025-04-08 | 2,000 | $13.16 | $26.3K | ||
| Buy | 2025-04-08 | 2,000 | $13.11 | $26.2K | ||
| Buy | 2025-04-09 | 2,000 | $13.14 | $26.3K | ||
| Buy | 2025-04-09 | 2,000 | $13.14 | $26.3K | ||
| Buy | 2025-04-08 | 2,000 | $13.18 | $26.4K | ||
| Buy | 2025-04-08 | 2,000 | $13.16 | $26.3K | ||
| Buy | 2025-04-08 | 2,000 | $13.11 | $26.2K | ||
| J-Other | 2024-11-22 | 5,000 | — | — |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Peer Group
Similar companies in the same sectorCompare RMM with peers: RMM vs AEF · RMM vs BKT · RMM vs BNY
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the RMM dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is currently trading at $13.29, 11% below its 52-week high. The current dividend yield is 7.74% based on an annual payout of $1.03 per share.
RMM (Rivernorth Managed Duration Municipal Income Fund Inc.) — 7.74% Dividend Yield Analysis
Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a financial services stock currently trading at $13.29 with a dividend yield of 7.74%. It pays an annual dividend of $1.03 per share. Over the past 5 years, RMM's dividend has declined at an average rate of 1.4% a year.
- Above-average yield (7.74%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
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Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.